Common use of Conveyance of the Receivables and the Other Conveyed Property Clause in Contracts

Conveyance of the Receivables and the Other Conveyed Property. By execution of this Agreement and subject to the terms and conditions of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer and assign to the Purchaser (collectively, the “Conveyance”) without recourse (but without limitation of its obligations in this Agreement and the other Transaction Documents), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to: (i) each and every Receivable listed on Schedule A and B to the related Supplement and all Collections thereon or in respect thereof on or after the Relevant Cutoff Date; (ii) the Related Security with respect to each Receivable; (iii) all Proceeds and the rights to receive Proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies or Collateral Insurance (if any), covering Financed Vehicles or Obligors; (iv) all rights under any service contracts on the related Financed Vehicles; (v) all rights of the Sellers against Dealers pursuant to Dealer Agreements or Dealer Assignments; (vi) all rights of Seller against Third Party Lenders pursuant to Third Party Loan Purchase Agreements and/or Third Party Assignments. (vii) the related Records; and (viii) all Proceeds of any or all of the foregoing.

Conveyance of the Receivables and the Other Conveyed Property. SECTION 2.1 Conveyance of the Receivables and the Other Conveyed ---------------------------------------------------- Property. By execution of this Agreement and subject to the terms and conditions -------- of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer and assign to the Purchaser (collectively, the “"Conveyance”") without recourse (but without limitation of its obligations in this Agreement and the other Transaction Documents), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to: (i) each and every Receivable listed on Schedule A and B to the related Supplement and all Collections thereon or in respect thereof on or after the Relevant Cutoff Date; (ii) the Related Security with respect to each Receivable; (iii) all Proceeds and the rights to receive Proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies or Collateral Insurance (if any), covering Financed Vehicles or Obligors; (iv) all rights under any service contracts on the related Financed Vehicles; (v) all rights of the Sellers against Dealers pursuant to Dealer Agreements or Dealer Assignments; (vi) all rights of Seller against Third Party Lenders pursuant to Third Party Loan Purchase Agreements and/or Third Party Assignments. (vii) the related Records; and (viii) all Proceeds of any or all of the foregoing.

Conveyance of the Receivables and the Other Conveyed Property. By execution of this Agreement and subject to the terms and conditions of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer and assign to the Purchaser (collectively, the “"Conveyance”") without recourse (but without limitation of its obligations in this Agreement and the other Transaction Documents), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to: (i) each and every Receivable listed on Schedule A and B to the related Supplement and all Collections thereon or in respect thereof on or after the Relevant Cutoff Date; (ii) the Related Security with respect to each Receivable; (iii) all Proceeds and the rights to receive Proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies or Collateral Insurance (if any), covering Financed Vehicles or Obligors; (iv) all rights under any service contracts on the related Financed Vehicles; (v) all rights of the Sellers against Dealers pursuant to Dealer Agreements or Dealer Assignments; (vi) all rights of Seller against Third Party Lenders pursuant to Third Party Loan Purchase Agreements and/or Third Party Assignments. (vii) the related Records; and (viii) all Proceeds of any or all of the foregoing.

Conveyance of the Receivables and the Other Conveyed Property. SECTION 2.1 Conveyance of the Receivables and the Other Conveyed ---------------------------------------------------- Property. By execution of this Agreement and subject to the terms and conditions -------- of this Agreement and simultaneously with the execution and delivery of the related Supplement, the relevant Sellers shall sell and/or contribute, transfer and assign to the Purchaser (collectively, the “"Conveyance”") without recourse ---------- (but without limitation of its obligations in this Agreement and the other Transaction Documents), and the Purchaser shall purchase or acquire as a contribution, all right, title and interest of such Sellers in and to: (i) each and every Receivable listed on Schedule A and B to the related Supplement and all Collections thereon or in respect thereof on or after the Relevant Cutoff Date; (ii) the Related Security with respect to each Receivable; (iii) all Proceeds and the rights to receive Proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies or Collateral Insurance (if any), covering Financed Vehicles or Obligors; (iv) all rights under any service contracts on the related Financed Vehicles; (v) all rights of the Sellers against Dealers pursuant to Dealer Agreements or Dealer Assignments; (vi) all rights of Seller against Third Party Lenders pursuant to Third Party Loan Purchase Agreements and/or Third Party Assignments. (vii) the related Records; and (viii) all Proceeds of any or all of the foregoing.